947-947 Manhattan Beach Blvd - Office FOR SALE


Manhattan Beach, CA 90266
$4,950,000 USD
949-887-7872
947-947 Manhattan Beach Blvd, Manhattan Beach, CA for Sale
$4,950,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

Aug '26


947-947 Manhattan Beach Blvd
Manhattan Beach, CA 90266


HIGHLIGHTS

  • Two (2) Freestanding 1,884 SF Commercial Buildings
  • 100% Leased to Five (5) Long-Term Tenants
  • Residential or Commercial Development Opportunity
  • Median Household Income: $184,874 (2-mile radius)
  • ½ Mile from Manhattan Beach Pier & 2.1 Miles from 405 Freeway
  • 10 Exclusive Parking Spots Plus Street Parking

OVERVIEW

Opportunities: • 3,768 SF leased investment with five (5) commercial tenants on short-term leases • Single or multifamily residential development opportunity; 850 SF of land/dwelling unit • Commercial/office redevelopment opportunity • Owner-user opportunity comprised of two (2) freestanding commercial buildings totaling 3,768 SF Property Description: Two (2) 1,884 SF single-story, wood frame commercial buildings located on three parcels totaling 8,753 SF of land. Exclusive parking lot with 10 parking spaces. Public parking allowed on two adjacent streets. Pole sign on Manhattan Beach Boulevard. Occupancy: 100% leased to five (5) commercial tenants on month-to-month leases. Most tenants have occupied space for over 20 years. Owner intends to provide all tenants with a six-month term commencing in January 2026. Location: Prominent corner location on highly travelled Manhattan Beach Boulevard (Approx. 22,000 cars/day). Just ½ mile from Manhattan Beach Pier and 2.1 miles from 405 Freeway. Surrounded by wealthy residential neighborhood. Median Household Income: $184,874 (2-mile radius).

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$1,314 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3,768 SF LEASED INVESTMENT OR DEVELOPMENT OPP

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CL “Local Commercial"

APN/PARCEL ID

4170-010-015,4170-010-016,4170-010-017

ASK ABOUT THIS PROPERTY

David KnowltonNAI CapitalMore Info
949-887-7872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David KnowltonNAI CapitalMore Info
949-887-7872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.